https://njri.unilag.edu.ng/ <p>Academicians, PhD students, and other researchers are encouraged to submit their best research. Papers on any risk or insurance related topics are welcome. Specific subject areas include, but are not limited to, insurance economics, risk management, behavioral risk perception, law and regulation of insurance and risk transfer mechanisms, insurance accounting, insurance operations, corporate governance, health insurance and economics, mortality, actuarial science,&nbsp; public policy, pension, financing of aging and retirement, etc</p> Department of Actuarial Science and Insurance, Faculty of Management Sciences, University of Lagos en-US Nigerian Journal of Risk and Insurance https://njri.unilag.edu.ng/article/view/2924 <p><em>This study examined job satisfaction and employee performance in small-scale businesses in Lagos State, Nigeria. It investigated the dimensions of job satisfaction, including time management, absenteeism, and feedback mechanisms, and their impact on employee performance.&nbsp; A quantitative approach was adopted. The study population comprises fifty (50) respondents drawn from employees of small -scale businesses in Ago Palace Way, Lagos State. A survey design question was administered to employees working in small-scale businesses in Ago Palace Way, Lagos State. The regression analysis indicated that effective time management and regular feedback mechanisms had a positive, statistically significant impact on job satisfaction and employee performance; absenteeism did not significantly influence job satisfaction. The findings suggest that job satisfaction is closely linked to performance levels, with improved time management and feedback processes enhancing both. It highlighted that business owners should invest in employee development, effective communication strategies, regular feedback mechanisms, a positive work environment, productivity, and employee well-being. It also revealed that small-scale businesses could benefit from focusing on job satisfaction through strategic time management and feedback channels. It recommends adopting effective time management strategies, investing in employee development, and establishing regular feedback mechanisms to foster a positive work environment and improve performance. </em></p> Victor Ajibayo ADEYEYE Atinuke Regina ADESANYA Ayinde Olaseni TAIRU Copyright (c) 2025 Nigerian Journal of Risk and Insurance 2026-03-27 2026-03-27 15 2 1 21